The Greater China region recorded a remarkable 24% year-on-year growth, which, when calculated at a fixed exchange rate, increased by 31%. This growth played a pivotal role in leading the Asia-Pacific region to achieve a further 13% overall increase.
In 2022, Klättermusen demonstrated impressive performance in the Chinese market, achieving a sales revenue of 50 million Yuan, representing a remarkable year-on-year growth rate of over 1000%.
Voolga’s stock price surged 27% on its first day of trading.
Hilton’s second-quarter revenue increased by 18.75% YoY, and its net income attributable to shareholders rose by 11.68% YoY.
WWP Beauty’s production operations in China account for over 90% of its total workforce, including packaging and formulation experts.
Based on data from Luxe.CO Tong, we have exclusively compiled eight charts to examine how luxury jewelry brands are positioning themselves in the Chinese market
LuxePlace.com will be publishing updates on exclusive collaborations between high-end hotels and fashion brands in China bi-weekly.
In the European region, sales surpassed North Asia, making it the top market, while the mainland China market demonstrated strong recovery in the second quarter.
SYoung Group reports revenue growth recovery and a significant 72% surge in net profit.
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